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ICICI Direct Report
5Paisa Capital Ltd. reported healthy Q1 FY22 results.
Key takeaways of results and conference call-
Highest quarterly client addition at 2.78 lakh taking client base to 16.3 lakh,
Average daily turnover increased 9% QoQ to Rs 57,730 crore with market share steady at ~1.2%,
Surge seen in average client funding book (margin trading facility) to Rs 224 crore in Q1 FY22 versus Rs 154 crore in Q4 FY21,
Focus on client acquisition, upgradation of technology and new product addition to continue ahead,
5Paisa Capital's market share of derivative segment has dipped YoY at ~3%.
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